Under contract
Active Under Contract
565 George Wilson Road
Boone NC, 28607
$690,000
$105.34 per sqft
Under contract
Active Under Contract
6,550 sqft
Commercial
Built in 1985
Listing Courtesy of A PLUS Realty
Commercial building offering over 6300sq.ft. on 1.90 acres with approximately 170 feet of state maintained paved road frontage with easy access to Hwy 421 and Hwy 105. Current lease in place until 2029 so this property is ideal for investors looking for absentee ownership opportunities with an estimated cap rate of around 8%. Property has been used successfully for many years as a daycare/pre-school with 8 classrooms on the main level along with a full kitchen, office, bathroom, storage and utility room. Most classrooms offer a combination of sink and/or toilet in the classroom. Second level of building offers over 1900sqft. currently divided into 2 separate suites. Suite 1 is set up as a 2BR/1BA unit with full kitchen and living area and Suite 2 is currently being used as storage but could be converted into a similar 2BR/1BA unit. Adequate paved parking is available around building. Located less than 3 miles from AppState and downtown Boone!
250020
MLSⓇ ID
June 5, 2024
Listed
November 20, 2024
Updated
Map
565 George Wilson Road
Boone NC, 28607
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Baseboard, Electric, Hot Water
Exterior/Building Features
Lot Size
1.9 Acres
Exterior Features
Other, See Remarks
Roof
Asphalt, Shingle
Sewer
Private Sewer
School Information
High School
Watauga
Elementary School
Hardin Park
Other Property Details
Area Name
1-Boone, Brushy Fork, New River
Taxes
$4,295
Tax Frequency
Annually
Days on Market
168
Garage
No
Parking
Paved, Parking Lot, Parking Space(s)
View
No
County
Watauga
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/20/2024 | Under contract | — |
8/8/2024 | Price change | $690,000 -8% |
The information from this search is provided by the High Country Association of REALTORS, Inc. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. This data is up-to-date as of 9:06 PM UTC 11/20/2024. For the most current information please contact Scott MacIntosh & Cody Hawkins at [email protected].
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